Objective of Ratio Analysis in Business: Its Pros and Cons

Ratios in business are crucial statistical facts and records that measure the financial status and the current health of a company, whether it is small or large. This ratio analysis refers to the interpretation and analysis of the figures that generally appear in the financial statements like Balance Sheet, Profit, and Loss Account, Fund Flow Statement, etc. If we take ratios in business to be as ratio analysis, then it is considered a process that compares one figure against the other. The students want to access the  as offered by BookMyEssay for their college assessment.